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Western Road, Lymington, Hampshire, SO41

Description

INVESTMENT

An investment opportunity to purchase a former warehouse which has been converted to provide 10 contemporary apartments which are currently let on Assured Shorthold Tenancies. The property represents an excellent investment with electric heating, good order throughout and 7 parking spaces situated in the Town Centre with a short walk to the High Street, shops and community facilities.

The property is held in a Limited Company and purchase of this company could be the best vehicle to acquire the investment offering various tax and SDLT benefits. We would recommend you take independent advice on this.


All Apartments have an EPC which can be supplied.

All 10 Apartments are currently let each on an Assured Shorthold Tenancy generating £96,840 per annum.

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Particulars

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

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Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: TBC

Western Road, Lymington, Hampshire, SO41

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lymington Town Station0.6 miles
  • Lymington Pier Station1.0 miles
  • Sway Station3.1 miles
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About the agent

Hayward Fox, Lymington

85 High Street, Lymington, SO41 9AN

Hayward Fox, Lymington

Hayward Fox are the area's largest Independent firm of estate agents in the New Forest and Lymington area, covering every aspect of sales and lettings. We offer unparalleled coverage in the area with offices in Lymington, New Milton, Sway, Brockenhurst, Milford on Sea and Bransgore. Each branch has a team of enthusiastic and knowledgeable staff overseen by directors with years of experience, offering honest and trustworthy advice in order to achieve the best possible price for your home. Hayw

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference LYM230303. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hayward Fox, Lymington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

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